MBND vs NRSH

Comparison between STATE STREET(R) NUVEEN MUNICIPAL BOND ETF (MBND, ETF) and AZTLAN NORTH AMERICA NEARSHORING STOCK SELECTION ETF (NRSH, ETF).

MBND vs NRSH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MBND(ETF)	NRSH(ETF)
Net Assets	$27M	$28M
Expense Ratio	0.40%	0.76%
Max Drawdown	15.51%	24.69%
Sharpe Ratio	0.57	1.62
5Y Beta	0.01	0.94
P/E Ratio	N/A	59.26
Forward P/E	N/A	28.98
PEG Ratio	N/A	0.03
5Y Dividends CAGR	60.54%	N/A
5Y EPS CAGR	N/A	16.94%
Debt to Equity	N/A	49.88%
P/S Ratio	N/A	3.48
P/B Ratio	N/A	9.84

Net Assets

MBND

$27M

Winner

NRSH

$28M

Expense Ratio

Winner

MBND

0.40%

NRSH

0.76%

Max Drawdown

Winner

MBND

15.51%

NRSH

24.69%

Sharpe Ratio

MBND

0.57

Winner

NRSH

1.62

5Y Beta

Winner

MBND

0.01

NRSH

0.94

P/E Ratio

MBND

N/A

NRSH

59.26

Forward P/E

MBND

N/A

NRSH

28.98

PEG Ratio

MBND

N/A

NRSH

0.03

5Y Dividends CAGR

MBND

60.54%

NRSH

N/A

5Y EPS CAGR

MBND

N/A

NRSH

16.94%

Debt to Equity

MBND

N/A

NRSH

49.88%

P/S Ratio

MBND

N/A

NRSH

3.48

P/B Ratio

MBND

N/A

NRSH

9.84

MBND vs NRSH - Historical Returns

Returns include dividend reinvestment.

Period	MBND	NRSH
1 month	+0.57%	+3.29%
3 months	-0.17%	+30.57%
6 months	+1.45%	+36.75%
1 year	+5.00%	+51.09%
5 years(CAGR)	+0.62%	N/A
Max(CAGR)	+0.70%	+20.78%

MBND

+0.57%

Winner

NRSH

+3.29%

MBND

-0.17%

Winner

NRSH

+30.57%

MBND

+1.45%

Winner

NRSH

+36.75%

MBND

+5.00%

Winner

NRSH

+51.09%

5Y(CAGR)

MBND

+0.62%

NRSH

N/A

Max(CAGR)

MBND

+0.70%

Winner

NRSH

+20.78%

MBND vs NRSH - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	MBND	NRSH
2026	+1.06%	+36.44%
2025	+2.79%	+13.24%
2024	+2.86%	-5.73%
2023	+5.48%	+8.65%
2022	-8.57%	N/A
2021	+0.59%	N/A

MBND vs NRSH Drawdown Comparison

The maximum drawdown for MBND was -13.18%, occurring on Oct 25, 2022. Recovery took 1033 trading sessions.

The maximum drawdown for NRSH was -24.01%, occurring on Apr 8, 2025. Recovery took 237 trading sessions.

The current MBND drawdown is -0.64%. The current NRSH drawdown is -5.62%.

Rank	MBND	NRSH
#1	-13.18% Aug 3, 2021 - Sep 15, 2025	-24.01% Nov 6, 2024 - Oct 20, 2025
#2	-2.44% Feb 27, 2026 - Mar 27, 2026	-10.94% Oct 31, 2025 - Jan 15, 2026
#3	-2.07% Feb 11, 2021 - Jun 4, 2021	-10.03% Dec 27, 2023 - Aug 23, 2024
#4	-0.80% Sep 17, 2025 - Oct 15, 2025	-9.98% Feb 20, 2026 - Apr 8, 2026
#5	-0.57% Nov 12, 2025 - Jan 5, 2026	-6.81% Jan 28, 2026 - Feb 20, 2026
#6	-0.53% Jun 14, 2021 - Jul 8, 2021	-6.23% May 6, 2026 - May 26, 2026
#7	-0.33% Oct 27, 2025 - Nov 12, 2025	-5.62% Jun 3, 2026 - Jun 5, 2026
#8	-0.24% Jan 16, 2026 - Jan 30, 2026	-4.17% Oct 16, 2024 - Nov 6, 2024
#9	-0.13% Jul 8, 2021 - Jul 15, 2021	-4.05% Sep 19, 2024 - Oct 16, 2024
#10	-0.10% Jul 20, 2021 - Jul 28, 2021	-3.31% Aug 23, 2024 - Sep 16, 2024
#11	-0.10% Feb 19, 2026 - Feb 24, 2026	-2.82% Dec 4, 2023 - Dec 14, 2023
#12	-0.09% Feb 12, 2026 - Feb 17, 2026	-1.95% Jan 16, 2026 - Jan 27, 2026
#13	-0.08% Jul 28, 2021 - Aug 3, 2021	-1.89% Apr 27, 2026 - Apr 30, 2026
#14	-0.03% Feb 10, 2026 - Feb 12, 2026	-1.87% Oct 21, 2025 - Oct 23, 2025
#15	-0.03% Jan 30, 2026 - Feb 4, 2026	-1.21% Dec 19, 2023 - Dec 21, 2023